Buenos Aires to Introduce Digital Identity Platform
The city of Buenos Aires, Argentina, has started developing a blockchain-based digital identification platform with the goal of providing inhabitants more control over their personal data. According to Diego Fernández, secretary of innovation and digital transformation for Buenos Aires, the city published a whitepaper on Tuesday with the concept for the platform, which will be […]
European Union Parliament Passes Bill Amidst Industry Criticism
Today, the European Union Lawmakers voted in support of the contentious measure to make anonymous crypto transactions illegal. A move the sector has criticized as stifling innovation and invading privacy. According to report, more than 90 lawmakers voted in favor of the idea. The plans aim to expand anti-money laundering (AML) laws to the crypto […]
BNY Mellon becomes Circle’s USDC reserve custodian
Stablecoin issuer Circle has announced BNY Mellon as the custodian of its USDC assets. BNY Mellon was founded in 1784 and is one of America’s oldest banks, with about $46.7 trillion in assets under custody or management globally. It acts as a one-stop-shop for clients who want to manage their money. BNY Mellon said it […]
Binance Becomes 64th Grammy Awards Official Crypto Exchange Partner
The Recording Academy, a large music recording company best known for its annual Grammy Awards, has partnered with Binance, the world’s largest cryptocurrency exchange by trading volume. The 64th Grammy Awards, which will take place on April 3rd, will also feature special NFTs from the OneOf marketplace, which will be distributed on Tezos. Binance is […]
IMF predicts the Russia-Ukraine crisis will boost cryptocurrency Adoption
The International Monetary Fund’s (IMF) Deputy Managing Director, Gita Gopinath stated on Thursday that the Russian-Ukraine situation will boost the use of digital finance. such as cryptocurrencies, stablecoins, and central bank digital currencies (CBDCs). She also said that economic sanctions placed on Russia as a result of its invasion of Ukraine will reduce the dollar’s […]